hould the homeowner refinance at the lower rate? Yes No quantify the effect of the homeowner's decision. ote: Do not round intermediate calculations. Round your answer to 2 decimal places. Answer is complete but not entirely correct. Monthly savings s 92.33

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A:

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A: Interest rate = 8% Monthly rate = 8%/12 = 0.6666667 Period = 15 years or 180 months Value of tenants…

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A: Please refer to the image below

Q: Divu fiance

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Q: None

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